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Goodwill and intangible assets (Tables)
9 Months Ended
Apr. 02, 2016
Goodwill and intangible assets  
Change in goodwill balances by reportable segment

 

 

 

 

 

 

 

 

 

 

 

 

    

Electronics

    

Technology

    

 

 

 

 

 

Marketing

 

Solutions

 

Total

 

 

 

(Thousands)

 

Gross goodwill

 

$

1,684,216

 

$

974,274

 

$

2,658,490

 

Accumulated impairment

 

 

(1,045,110)

 

 

(334,624)

 

 

(1,379,734)

 

Carrying value at June 27, 2015

 

 

639,106

 

 

639,650

 

 

1,278,756

 

Additions

 

 

 —

 

 

24,591

 

 

24,591

 

Adjustments

 

 

 —

 

 

 —

 

 

 —

 

Foreign currency translation

 

 

(9,395)

 

 

1,454

 

 

(7,941)

 

Carrying value at April 2, 2016

 

$

629,711

 

$

665,695

 

$

1,295,406

 

Gross goodwill

 

$

1,674,821

 

$

1,000,319

 

$

2,675,140

 

Accumulated impairment

 

 

(1,045,110)

 

 

(334,624)

 

 

(1,379,734)

 

Carrying value at April 2, 2016

 

$

629,711

 

$

665,695

 

$

1,295,406

 

 

Company's identifiable acquired intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

April 2, 2016

 

June 27, 2015

 

 

 

Acquired

 

Accumulated

 

Net Book

 

 Acquired 

 

 Accumulated 

 

 Net Book 

 

 

    

Amount

    

Amortization

    

Value

    

Amount

    

Amortization

    

Value

 

 

 

(Thousands)

 

Customer related

 

$

278,448

 

$

(202,575)

 

$

75,873

 

$

276,921

 

$

(190,593)

 

$

86,328

 

Trade name

 

 

4,973

 

 

(2,649)

 

 

2,324

 

 

6,240

 

 

(3,792)

 

 

2,448

 

Other

 

 

12,699

 

 

(3,907)

 

 

8,792

 

 

12,309

 

 

(1,354)

 

 

10,955

 

 

 

$

296,120

 

$

(209,131)

 

$

86,989

 

$

295,470

 

$

(195,739)

 

$

99,731

 

 

Estimated future amortization expense

The following table presents the estimated future amortization expense for the remainder of fiscal 2016, the next five fiscal years and thereafter (in thousands):

 

 

 

 

 

 

 

Fiscal Year

    

 

 

Remainder of fiscal 2016

 

 

7,457

 

2017

 

 

25,091

 

2018

 

 

17,010

 

2019

 

 

13,525

 

2020

 

 

11,710

 

2021

 

 

7,261

 

Thereafter

 

 

4,935

 

Total

 

$

86,989